Mad Money: Key points from February 7, 2023 (Tuesday) episode

This page contains summary of CNBC program “Mad Money w/ Jim Cramer” which was on air on Tuesday, February 7, 2023.  It also contains links to CNBC sites which contain video clips and transcripts.

(1) Jim Cramer says to not lose sight of investing fundamentals despite the bull market (https://www.cnbc.com/2023/02/07/cramer-dont-lose-sight-of-investing-fundamentals-despite-bull-market.html)

• CNBC’s Jim Cramer on Tuesday told investors to stay selective with stocks despite the market’s strong run.
• Stocks rose on Tuesday after Fed Chair Jerome Powell said the disinflationary process is in its early stages during a speech at The Economic Club of Washington, D.C.

Ticker: ZM, LIN, AI, SOUN, META

(2) [No Video Clip] Executive Interview: Watch Jim Cramer’s full interview with Linde CEO Sanjiv Lamba (https://www.cnbc.com/video/2023/02/07/watch-jim-cramers-full-interview-with-linde-ceo-sanjiv-lamba.html)

Cramer interviewed Linde CEO Sanjiv Lamba on Tuesday.

Ticker: LIN

(3) Jim Cramer says Activision Blizzard is a buy, but wait on Take-Two Interactive (https://www.cnbc.com/2023/02/07/cramer-activision-blizzard-is-a-buy-but-wait-on-take-two-interactive.html)

• CNBC’s Jim Cramer on Tuesday said Activision Blizzard is better positioned in the short term than rival Take-Two Interactive.
  • “I think Activision Blizzard is on fire right here. I almost hope the Microsoft merger falls apart as soon as possible, so that you’ll get a better buying opportunity,” he said.
  • “You have to believe in a turnaround to own this one. It might be a little early after this big run,” he said.
• Both video game companies reported quarterly earnings this week.

Ticker: ATVI, TTWO

(4) Executive Interview: Chipotle Mexican Grill CEO on how customers have responded to price hikes (https://www.cnbc.com/video/2023/02/07/chipotle-mexican-grill-ceo-on-how-customers-have-responded-to-price-hikes.html)

Cramer spoke with Chipotle Mexican Grill CEO Brian Niccol on Tuesday.

Ticker: CMG

(5) Cramer’s lightning round: Parker-Hannifin is a buy (https://www.cnbc.com/2023/02/07/cramers-lightning-round-parker-hannifin-is-a-buy.html)

• Parker-Hannifin Corp: “It’s just the kind of industrial I’ve been recommending. … I would buy it here.”
• Waste Management Inc: “Everyone thought that quarter was not that great and was telling me to buy Republic Services. … That’s what I would pick.”
• Conocophillips: “That thing is like a fine Merlot, my friend. I would buy all you can right here.”
• Snowflake Inc: “I like Snowflake. I will go with [CEO Frank] Slootman. He is a money maker.”
• Zscaler Inc: “The stock is all the way down. It can bounce.”
• Illumina Inc: “If you’re going to be in that business, there’s only two. There’s Thermo Fisher and there’s Cramer-fave Danaher.”
• Sunoco LP: “I would rather see you in … I can’t believe I’m gonna recommend it. ET. Yes, Energy Transfer.”
• TG Therapeutics Inc: “This is [run by CEO] Mike Weiss. I always believed in him. … Mike, come on the show. I think that you’ve got a winner, and I need to hear it from you.”

Ticker: PH, WM, COP, SNOW, ZS, ILMN, SUN, TGTX

(6) [No Video Clip] Jim Cramer on Bed Bath & Beyond’s stock offering (https://www.cnbc.com/video/2023/02/07/jim-cramer-on-bed-bath-beyonds-stock-offering.html)

Cramer gave his thoughts on the company’s stock offering and meme stocks more broadly.

Ticker: BBBY

Other Stocks Discussed (calls with audience): Datadog (DDOG) , T-Mobile US (TMUS), American Airlines (AAL), UnitedHealth Group (UNH) [like HUM better, but both are out of favor] , Topgolf Callaway Brands (MODG) [I think it will still go higher], Broadcom (AVGO)

Ref: Links to other sites that relate to episode of February 7, 2023

• Google Podcast (Sound）
• Internet Archive（Video & Texts per minute）

Disclaimer

****************************